Ambassador of Republic of Iraq in Berlin participates in Iraqi-German cooperation program in economic field organized by (NUMOV) Economic Association

The Ambassador of the Republic of Iraq in Berlin, Mr. Luqman Abdul Rahim Al-Faili participated in the Iraqi-German cooperation program in the economic field organized by the (NUMOV) Economic Association for the period 24-27/9/2021, in Berlin, with the participation of the Deputy Head of Mission, Mr. Ahmed Al-Saadi, the commercial attaché, Mr. Muhammad Rashid Al-Azzawi, the official in charge of the economic file, Mr. Muhammad Al-Sharif, and the Iraqi delegation, which included the rapporteur of the Finance Committee in the Iraqi Parliament, Mr. Ahmed Al-Saffar, The representative of the Kurdistan Regional Government, Mr. Faris Issa, the Chairman of the Region Investment Commission, Mr. Muhammad Shukri Zebari, and the Advisor in the Parliament of Iraq, Mr. Hussein Al-Anbaki.

The Ambassador spoke to the representatives of German companies about the importance of bilateral relations between the Republic of Iraq and the Federal Republic of Germany, which is a strategic relationship, noting that Iraq possesses sufficient energy and human resources, and is looking forward to the efforts of German companies in investing these resources.

Adding that Iraq is open to investing in the energy, petrochemicals and construction sectors, as well as the health, education and communications sectors, stressing that the embassy will work to diagnose, discuss and put the challenges facing investment in Iraq in a direction that is consistent with international standards in preserving the climate and moving towards sustainable energy.

For his part, the head of the delegation, Mr. Ahmed Al-Saffar, spoke about Iraq’s possession of the requirements of a strong economy, stressing that the Iraqi government is destined to attracting investment, promoting infrastructure projects, and activating agreements in this field.

For their part, Mr. Faris Issa Abdul Karim and Dr. Muhammad Shukri stated that the Kurdistan Regional Government has an economic relationship with the German side, especially in the field of machinery, cars and electrical products, as the Region looks forward to strengthening this partnership in the future.

The Iraqi delegation also visited the German Ministry of Economy and Energy, and some files were discussed, including the follow-up to the Siemens roadmap for building power plants in Iraq, and the administrative partnership file, as well as discussing the draft of the Investment Protection Agreement between the two countries.